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Dec 28, 2012
12/12
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nothing going over the fiscal cliff. let the tax cut expire. come back in, offer the tax cuts for people under 250. call them obama cuts and get it going. if you are in congress. you make $175,000 a year. you get vacation days off. they go back and smoke cigars, eat steak, drink wine and laugh. >> andrea: is there something wrong with eating and drinking? if with pay them to do it. >> eric: they want to hit the buffet line. >> andrea: do it on their own time. not when the country is in a financial crisis. i think obama gets a superhero cape after this. >> andrea: people say republican goes down either way on this. but the house and the senate, this last election by blaming republicans. does he think he will get blamed for this? no. he figures i can do whatever i want. leave the republicans out for dead. >> eric: he is winning the messaging game. that is clear. >> andrea: i say that with confidence. he was able to say look, i was willing to meet them halfway. more than 50%. they don't want to work with us together. he is coming off strong, comin
nothing going over the fiscal cliff. let the tax cut expire. come back in, offer the tax cuts for people under 250. call them obama cuts and get it going. if you are in congress. you make $175,000 a year. you get vacation days off. they go back and smoke cigars, eat steak, drink wine and laugh. >> andrea: is there something wrong with eating and drinking? if with pay them to do it. >> eric: they want to hit the buffet line. >> andrea: do it on their own time. not when the...
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Nov 9, 2012
11/12
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FOXNEWS
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boehner is saying okay, president obama, you want to talk about the fiscal cliff. go first. we're waiting. what do you want to cut? i think that the conventional wisdom in washington among democrats and republicans is the president need to embrace simpson bowles. a great starting point. it allows him to not come out and put cuts on table, which i don't think he wants to do. i think some democrats, too, come out, like schumer and said i don't want you raising taxes on people under $1 million. we know it hurts his constituency. the they said raising taxes in a recession or down economy is not the good thing to do a year ago, it's not good to do now either. >> dana: bob, if you are in a position of leadership at the white house, do you think it's smart for president obama to lay out a plan like simpson-bowles or call it something else if he wants to and because he knows he can't get a tax increase at the level he is talking about through the house and maybe not even the senate, shouldn't he just then ask for something that bane could deliver? >> bob: first of all, let's -- the
boehner is saying okay, president obama, you want to talk about the fiscal cliff. go first. we're waiting. what do you want to cut? i think that the conventional wisdom in washington among democrats and republicans is the president need to embrace simpson bowles. a great starting point. it allows him to not come out and put cuts on table, which i don't think he wants to do. i think some democrats, too, come out, like schumer and said i don't want you raising taxes on people under $1 million. we...
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Nov 14, 2012
11/12
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FOXNEWS
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and vows not to kay in to republicans over the fiscal cliff. mr. obama says the country can't afford to continue tax cuts if for wealthiest americans and says he won't extend the bush tax cut for the top 2%, as he did two years ago. "special report" from washington starts at 6:00 p.m. eastern. now back to new york and five "the five." ♪ ♪ >> greg: all right. so in the wake of obama's alleged re-election, some citizens are calling for secession. people from all 57 states have filed petitions in favor of seceding from america on the obama administration's we the people website. so far, close to 700,000 signed on and petitions from alabama, florida, georgia, louisiana, north carolina, tennessee, texas grabbed at least 25,000 signatures. now to me, secession is silly. but what is not silly is actual catchtition. why not for four years pit red states against blue states with the respected ideas and have us put to the test and see who succeeds? red states will have fracking. blue will have frats. red states will have free markets. blue will be v fre
and vows not to kay in to republicans over the fiscal cliff. mr. obama says the country can't afford to continue tax cuts if for wealthiest americans and says he won't extend the bush tax cut for the top 2%, as he did two years ago. "special report" from washington starts at 6:00 p.m. eastern. now back to new york and five "the five." ♪ ♪ >> greg: all right. so in the wake of obama's alleged re-election, some citizens are calling for secession. people from all 57...
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Dec 31, 2012
12/12
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cliff is just a minor blip with you in the long run they actually won a large chunk of what they've been after? >> we're going to have to see what is the impact in the the days ahead. can the republicans somehow turn that around? they certainly, inside the white house believe just the opposite because they believe that john boehner was sort of out maneuvered here, he had been pressing the president, pressing the president for some of his issues and what boehner may have forgotten is at the end of the day if there's no action by the congress, all of the bush tax rates are expiring, so the president is going to get what he's wanted in this debate all along, which is that taxes are going up on the rich and-- >> the president's outmaneuvered the republicans from the very beginning on this. >> ed doesn't have to answer that question. >> and kimberly, we're going to give you the last question, before we go to mike emanuel. >> i have a civilized question for mr. henry. >> and civilized-- >> my goodness, bob. >> it sounds worse than the negotiations on the hill. >> it's worse, thank goodnes
cliff is just a minor blip with you in the long run they actually won a large chunk of what they've been after? >> we're going to have to see what is the impact in the the days ahead. can the republicans somehow turn that around? they certainly, inside the white house believe just the opposite because they believe that john boehner was sort of out maneuvered here, he had been pressing the president, pressing the president for some of his issues and what boehner may have forgotten is at...
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Jul 19, 2012
07/12
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cut taxes for rich people. >> greg: fiscal cliff is name of a cool stunt man. >> dana: can i do mine? >> greg: no. >> dana: it those do with economics. >> greg: okay. >> dana: i got a book on saturday sent to me. 4% solution. down by crown business. published. but it comes from the george w. bush institute. the forward is by him, but the rest of it is made up of all the different economists on every different subject you can imagine. i read a couple of chapters today. it's excellent. >> greg: give me the best pa
cut taxes for rich people. >> greg: fiscal cliff is name of a cool stunt man. >> dana: can i do mine? >> greg: no. >> dana: it those do with economics. >> greg: okay. >> dana: i got a book on saturday sent to me. 4% solution. down by crown business. published. but it comes from the george w. bush institute. the forward is by him, but the rest of it is made up of all the different economists on every different subject you can imagine. i read a couple of...
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Dec 3, 2012
12/12
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KPIX
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i am worried we will go over the fiscal cliff, in part to have a reset. if we any over, republicans could start talking about cutting taxes on the middle class, as opposed to keeping them up on the rich. and the democrats will could potentially get a better deal. we can see this has happened in europe. when you have this kind of brinksmanship over and over and over again, and you go back and forth, markets start to get very burden they've been very volatile. and i think businesses have been holding back on investments. you can see big capital spending by businesses in last four months has been way down, about 8%. there should be a boom going on right now. we have a construction market boom, we have an energy field that is booming. companies would be spend physician we could get over this cliff. >> schieffer: i'm hearing some liberal democrats will say let it go over the cliff. i mean, would they really do that? i mean, because what would happen, then you would have, i guess, the tax cuts would expire. but would they let these draconian cuts in, say, defen
i am worried we will go over the fiscal cliff, in part to have a reset. if we any over, republicans could start talking about cutting taxes on the middle class, as opposed to keeping them up on the rich. and the democrats will could potentially get a better deal. we can see this has happened in europe. when you have this kind of brinksmanship over and over and over again, and you go back and forth, markets start to get very burden they've been very volatile. and i think businesses have been...
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cliff cutting a veteran spending and also what we now know is an exorbitant you know extraordinarily high suicide rate by veterans. well first of all i wanted to mention that on veterans day there's very much an attempt to have it really be a political holiday one that just has kind of slogans that everyone can agree with and no one that will be against. a holiday that says that everything we did and everything we did in the u.s. military was good and just an honorable and therefore we should be appreciated and it's a holiday that tries very hard to cover up the fact that the wars that our veterans especially of this generation have been sent to had people on the other side of those wars and so as we get into the discussion about how veterans today are living here in the united states i think we also have to recognize that there are people on the other side of us foreign policy whose lives were made infinitely worse by the actions of the u.s. military and by u.s. foreign policy and i think we need to recognize those people as well but of course here in the united states of the situat
cliff cutting a veteran spending and also what we now know is an exorbitant you know extraordinarily high suicide rate by veterans. well first of all i wanted to mention that on veterans day there's very much an attempt to have it really be a political holiday one that just has kind of slogans that everyone can agree with and no one that will be against. a holiday that says that everything we did and everything we did in the u.s. military was good and just an honorable and therefore we should...
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Dec 21, 2012
12/12
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go over the fiscal cliff. deal is not done. obama lets the bush tax cuts expire. back to a higher tax rate. then he is going to come back and say you know what? let's go back and make the tax cuts, obama tax cuts for the 98% he wanted to before. if you are republican hard to vote against the tax cut. >> kimberly: deliver. >> eric: the pro-- >> bob: the proposal boehner had is make sure they didn't have the, increase. >> eric: 99. >> bob: whatever. >> greg: got plans for weekend? i'm thinking about renting movies. i'm not sure that tom cruise can play jack reacher. i love the books. it's like watching junkies vote if they cut off their own heroin. you get luck expecting bees to been a honey went're on plan "b" and there are 24 other letters in the alphabet. this could go on for quite a while. watching the process is hanging around as a mechanic as he works on your car. best to leave it alone. go home. wait for the phone call. then you come back and you pick up the car. if the car is not working screw it. you move to high. >> kimberly: filibuster. >> greg: filigrege
go over the fiscal cliff. deal is not done. obama lets the bush tax cuts expire. back to a higher tax rate. then he is going to come back and say you know what? let's go back and make the tax cuts, obama tax cuts for the 98% he wanted to before. if you are republican hard to vote against the tax cut. >> kimberly: deliver. >> eric: the pro-- >> bob: the proposal boehner had is make sure they didn't have the, increase. >> eric: 99. >> bob: whatever. >> greg:...
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Dec 30, 2012
12/12
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FOXNEWSW
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cliff most of the attention is about taxes going up and that being the so called fiscal cliff but the other side of that cliff is that the massive spending cuts automatic cuts are kicking in at the beginning of next year. largely targeted at the pentagon. and what is interesting is all of this deal making we are talking about on capitol hill would really just focus on unemployment benefits and tax side of the cliff as i mentioned and most of deals it appears would not shut off the so called sequester that would hit the pentagon. on "fox news sunday" senator lindsey graham told chris wallace he got a call from the defense secretary suggesting these cuts are coming. lake a listen. >> i was called by leon panetta at 7:30 during dinner. >> secretary of defense. >> this is the failure of the supercommittee to find $1.2 trillion in cuts. half of the 1.2 falls on defense who already cut. he says if we do this we will shoot the defense department in the head and send out 800,000 layoff notices the beginning of the year. he is worried to death if we don't fix sequestration we will destroy the
cliff most of the attention is about taxes going up and that being the so called fiscal cliff but the other side of that cliff is that the massive spending cuts automatic cuts are kicking in at the beginning of next year. largely targeted at the pentagon. and what is interesting is all of this deal making we are talking about on capitol hill would really just focus on unemployment benefits and tax side of the cliff as i mentioned and most of deals it appears would not shut off the so called...
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Nov 27, 2012
11/12
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is the fiscal cliff cutting spending? the sequester? i don't think it leads to economic harm to cut spending. that's what we should be doing. the other half of the fiscal cliff is taxes will go up. i don't want them to go up. if you raise taxes on the top 1%, that's 50% of the nation's fiscal income. if you don't think raising taxes in a recession is a good idea, why would it be a good idea to raise them on anyone? >> greta: so do you think going off the fiscal cliff would necessarily be a bad thing? >> it would be a bad thing to raise taxes. it doesn't make sense to me. i don't accept that cutting spending is bad for the economy. i think cutting federal spending, which means less borrowing up here, is go for the economy, but i do think taxes going up is a bad thing for the economy. i agree with half of the equation of the fiscal cliff, but i don't agree if taxes going up is bad for the economy why would we only want half of the taxes to go up? >> greta: that's like the reverse of the democrats. i think senator harry reid thinks it's a
is the fiscal cliff cutting spending? the sequester? i don't think it leads to economic harm to cut spending. that's what we should be doing. the other half of the fiscal cliff is taxes will go up. i don't want them to go up. if you raise taxes on the top 1%, that's 50% of the nation's fiscal income. if you don't think raising taxes in a recession is a good idea, why would it be a good idea to raise them on anyone? >> greta: so do you think going off the fiscal cliff would necessarily be...
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Dec 30, 2012
12/12
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with top lawmakers struggling to reach a deal on the fiscal cliff americans bracing for automatic tax hikes if no agreement is reached before tuesday. with higher taxes would come automatic spending cuts in the new year. the pentagon bearing the bridgeport of th -- brunt of te cuts. sunday expected to be a big day with negotiations reaching a key point with a possible vote on something by the senate. >>> soldiers in mexico discovered a smuggling tunnel heading straight toward our border. they steve an anonymous tip. it was behind a wall in a home equipped with lighting and vent lakes and stretched for 120-yards. longer than a football field. but it didn't pass the u.s. border. police believe smugglers were building the tunnel to bring drugs into arizona. i'm marianne rafferty. now, back to" the five ." for the latest headlines log on to fox news .com. ["sail away" playing]. >> that song just gave me chills. general norman sworts coff pass away at the age of 78 after complications of pneumonia. he was known as storming norman, in the u.s. coalition in desert storm. only 78 years old. l
with top lawmakers struggling to reach a deal on the fiscal cliff americans bracing for automatic tax hikes if no agreement is reached before tuesday. with higher taxes would come automatic spending cuts in the new year. the pentagon bearing the bridgeport of th -- brunt of te cuts. sunday expected to be a big day with negotiations reaching a key point with a possible vote on something by the senate. >>> soldiers in mexico discovered a smuggling tunnel heading straight toward our...
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Nov 18, 2012
11/12
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CNN
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so it will allow them to go ahead and diffuse this fiscal cliff. the cuts and all the various tax cuts that would take effect. to get to the second step you have to do the first step and that is what do do you about the bush cuts that expire on december 31st and whether you let them lapse for the richest americans. >> same for the spending cuts. jerry, you can have the last word. you've got to stop that. >> that's right. i think jackie is right. you have to stop the mindless spending than what you have do about taxes and tax increases. >> thank you very much we're going to get a temporary deal by the end of the year, do you all agree? >> i agree. >> nice to ruin your christmas. >> i have no doubt about that. i have no doubt about that. we're used to it, all of us. >> don't make plans for new year's eve. >> absolutely. we all know congress expands the amount of time it has. i'll see you christmas eve or new year's eve. jac jacky calmes, jerry seib and barbara starr. ♪ 100% greek. 100% mmm... ♪ oh wow, that is mmm... ♪ in fact it's so mmm you m
so it will allow them to go ahead and diffuse this fiscal cliff. the cuts and all the various tax cuts that would take effect. to get to the second step you have to do the first step and that is what do do you about the bush cuts that expire on december 31st and whether you let them lapse for the richest americans. >> same for the spending cuts. jerry, you can have the last word. you've got to stop that. >> that's right. i think jackie is right. you have to stop the mindless...
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Dec 30, 2012
12/12
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with top lawmakers struggling as we speak to reach a deal on the fiscal cliff, americans now bracing for automatic tax hikes that a will kick in if no agreement is reached. with higher taxes would come automatic spending cuts in the near. the pentagon facing the deepest cuts, so called sequestration. some experts say it would harm national security. tomorrow a big day with negotiations reaching a key point with a possible vote on something by the senate. keep it here on fox for the latest. >>> no break for travelers. new storm system hitting the northeast now as much of the nation recovers from a winter storm from earlier this week. the new system bringing wind, snow, freezing temperatures, already causing flight delays and making driving hazardous. boston could see heavy snowfall tonight, one inch per hour. i'm harris faulkner. now, let's get you back to "the five." for all of the headlines when you want them, fox news .com. ["sail away" playing]. >> that song just gave me chills. general norman sworts coff pass away at the age of 78 after complications of pneumonia. he was known as
with top lawmakers struggling as we speak to reach a deal on the fiscal cliff, americans now bracing for automatic tax hikes that a will kick in if no agreement is reached. with higher taxes would come automatic spending cuts in the near. the pentagon facing the deepest cuts, so called sequestration. some experts say it would harm national security. tomorrow a big day with negotiations reaching a key point with a possible vote on something by the senate. keep it here on fox for the latest....
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Dec 28, 2012
12/12
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swan dive off the fiscal cliff, hold your nose. we're going off. president obama wants to us go off hecht will come back with a largeer plan. the obama tax cut. then he will be able to reintate across-the-board sequestration cuts. 8.2% across the board. cut defense and health. they will be able to reintate a lot of programs and give his caucus the opportunity to say look, i am voting for something. i am voting to restore tax cuts for the middle class. voting to restore great thin things. republicans are in a tough position. no one will say vote to restore the tax cut for rich. this is his game plan from day one. >> eric: what is the a terptive? $250,000 and above? we see obama not oftenning cuts at all. looking for spending. >> kimberly: managing the message very well. conciliatory. >> andrea: boehner did -- boehner has taken heat. in his defense he has taken a ton of flak on this. he has given a terrible hand of cards. but he came to the table. he tried to at least bring something to the floor. mitch mcconnell knows he can't pass anything, any tax
swan dive off the fiscal cliff, hold your nose. we're going off. president obama wants to us go off hecht will come back with a largeer plan. the obama tax cut. then he will be able to reintate across-the-board sequestration cuts. 8.2% across the board. cut defense and health. they will be able to reintate a lot of programs and give his caucus the opportunity to say look, i am voting for something. i am voting to restore tax cuts for the middle class. voting to restore great thin things....
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Nov 28, 2012
11/12
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the big story here today is a new develop in the president obama's evident to get off the fiscal cliff. tonight on "special report," the president may be trying to divide budget negotiations in two pieces, insisting on tax increases for high earners this year with a promise to cut spending next year. some critics call it wimpy from popaye strategy, gladly paying you tuesday for a hamburger today. house speaker john boehner insists the republicans are willing to work with the mt. offering the tax revenues if significant spending cuts are part of the deal. is social security on table? should it be? we hear from the experts tonight. -up ambassador -- u.n. ambassador susan rice met on a charm offensive to explain comments after the libya terror attack, where she blamed the non-existent demonstration sparked by anti-islam video. "special report" from washington starts at 6:00 eastern. now back to new york and my kriegs with "the five." ♪ ♪ ♪ ♪ >> brian: i'm going with eric to pick my own music. [ laughter ] power ball hysteria is in full force today with hours to go before tonight's
the big story here today is a new develop in the president obama's evident to get off the fiscal cliff. tonight on "special report," the president may be trying to divide budget negotiations in two pieces, insisting on tax increases for high earners this year with a promise to cut spending next year. some critics call it wimpy from popaye strategy, gladly paying you tuesday for a hamburger today. house speaker john boehner insists the republicans are willing to work with the mt....
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Nov 10, 2012
11/12
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FOXNEWSW
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the fiscal cliff and spending cuts will wreak havoc. spending cuts would take $1.2 trillion over ten years, 100 billion in the first year. >> these are big cuts, ten to 14% in programs, a quarter of the way through their fiscal year. that's bad policy and dangerous. >> the biggest stumbling block is tax increases. everyone wants to extend the bush tax cuts for those making less than 250,000 a year. the president, however, wants to raise taxes on those making more, and add other taxes to boot. some analysts argue that would crush small businesses which create two-thirds of all jobs. >> the tax increases that president obama has fought for would actually increase taxes on small businesses by about $50 billion a year going forward. >> in 2010 when the economy was growing at 2.3%, president obama extended all the tax cuts, saying the economy was too weak to digest a tax increase. now the economy is growing at only 2%, but mr. obama is forging ahead and senator reid argues he got a mandate to do so. >> the president campaigned around the cou
the fiscal cliff and spending cuts will wreak havoc. spending cuts would take $1.2 trillion over ten years, 100 billion in the first year. >> these are big cuts, ten to 14% in programs, a quarter of the way through their fiscal year. that's bad policy and dangerous. >> the biggest stumbling block is tax increases. everyone wants to extend the bush tax cuts for those making less than 250,000 a year. the president, however, wants to raise taxes on those making more, and add other...
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Nov 18, 2012
11/12
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WBAL
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the fiscal cliff talks are focused on tax cuts, of course. but cuts to medicare are likely to be on the table as well and any grand bargain to cut the deficit. republicans may push social security on to the agenda as well. back when the new deal created entitlements and social security in 1935, life expectancy for american men was 60 and it's now 76. for women it was 64 back in roosevelt's time and 81,000. when the simpson proposal that many thought would be a framework now, with social security already headed towards 67 had it eventually up to 69 but gradually over the next 50 years, that would save the budget for social security 7% for each full year we put that retirement eligibility in effect. other proposals on the table look at raising the medicare eligibility from 65 to 67. while the congressional budget office says that change would save 5% a year on medicare spending. sam, what do you make of this? >> here's my proposal. turn 65. if you have a life-threatening disease or one that could down the road clearly do that, you're eligible.
the fiscal cliff talks are focused on tax cuts, of course. but cuts to medicare are likely to be on the table as well and any grand bargain to cut the deficit. republicans may push social security on to the agenda as well. back when the new deal created entitlements and social security in 1935, life expectancy for american men was 60 and it's now 76. for women it was 64 back in roosevelt's time and 81,000. when the simpson proposal that many thought would be a framework now, with social...
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Dec 14, 2012
12/12
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fiscal cliff? can't we call it something else? >> dana: sure. >> eric: monetary -- >> greg: liberal fantasy. >> bob: one more thing on the table. can obama sell cuts in entitlements to his senate? >> dana: not acarding to harry reid. >> eric: leave it there. we'll stay on it. don't go away. more on developing news washington, including ambassador susan rice. we'll get on that when we come back. ♪ ♪ ♪ ♪ >> greg: got to love the who. >> dana: who? >> greg: who? get back to susan rice in a minute but they have the lie of the year, coverup benghazi to win an election by obama. no, kidding. the left wing hacks claim the biggest lie was milt's claim that -- mitt's claim that jeep was moving its production to china causing a flood of negative press directed at mitt. of course it did. only the american media could see this little flubb as worse than the bungled aftermath following the death of four americans in benghazi. forget the other liberal lies that paul ryan pushes grannies off the cliff, remember that? or mitt murdered a g
fiscal cliff? can't we call it something else? >> dana: sure. >> eric: monetary -- >> greg: liberal fantasy. >> bob: one more thing on the table. can obama sell cuts in entitlements to his senate? >> dana: not acarding to harry reid. >> eric: leave it there. we'll stay on it. don't go away. more on developing news washington, including ambassador susan rice. we'll get on that when we come back. ♪ ♪ ♪ ♪ >> greg: got to love the who. >>...
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Nov 7, 2012
11/12
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cliff. >> nobody wants to see this fiscal cliff without a deal, because the cuts are severe and the tax increases are severe. so we've got to find a path forward. >> that follows lofty promises, the president made at the celebration about how the best is yet to come. >> i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together. reducing the deficit. reforming the tax code. fixing our immigration system. >> republicans say they heard it before. actually, at the last victory party in chicago. >> while the democratic party won a great victory tonight, we do so with a measure of humility. and determination to heal the divide. >> last night, the president also revealed he is planning a dramatic move to jumpstart the effort. >> ahead, i also look forward to sitting down with governor romney to talk about where we can work together to move the country forward. >> except for president elect obama did the same with republican john mccain. >> just going to have a good conversation about how we can do some work together. to
cliff. >> nobody wants to see this fiscal cliff without a deal, because the cuts are severe and the tax increases are severe. so we've got to find a path forward. >> that follows lofty promises, the president made at the celebration about how the best is yet to come. >> i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together. reducing the deficit. reforming the tax code. fixing our immigration system....
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Nov 30, 2012
11/12
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and the domestic spending cuts. fiscal cliff is not cutting spending. it's about preventing a tax increase that preventing spending cuts. now the republican arguement is more complicated. to use the deadline, legitimate argument. i agree with it in principle. use the deadline to get the longer range spending cuts. the president can say fine, i want to negotiate those next year. can't do it in three weeks. incidentally, speaker boehner what medicare cuts are you for, he will say? if the republican position, the republicans campaigned against $716 million in medicare cuts from the current program. republicans for medicare reform. not for squeezing the current program. they will say i want to give the middle class, make sure the middle class tax rate stay where they are. i don't want the republicans to squeeze medicare more than we did, have done in the past. i'm worried. that the president has an awful lot of leverage. >> bret: but you have the democrats, juan, like mike pryor of arkansas who told politico this -- "as you know people around here like the
and the domestic spending cuts. fiscal cliff is not cutting spending. it's about preventing a tax increase that preventing spending cuts. now the republican arguement is more complicated. to use the deadline, legitimate argument. i agree with it in principle. use the deadline to get the longer range spending cuts. the president can say fine, i want to negotiate those next year. can't do it in three weeks. incidentally, speaker boehner what medicare cuts are you for, he will say? if the...
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Nov 15, 2012
11/12
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. >> eric: let me show what a fiscal cliff really looks like. bush tax cut expire, $150 billion. payroll expire , $125 billion. tax patch, $88 billion. billion. $145 billion in other taxes. $514 billion of new taxes will hit you american families. by the way, every single year going forward. >> dana: what do you get for it? >> bob: $17 trillion in debt, right? who is next? >> andrea: so a lot of environmental tree-hugging freaks gripe about hydrofracking. we talk about this on "the five." a huge job creator but they say it's not safe. look what i found. a new hydro fracking fluid made entirely from food ingredients. they are using this on frac jobs to prove it's safe. i'm going to drink it. >> bob: don't do that. >> andrea: hmm. >> dana: let me know how it goes in the morning. >> andrea: it's thick but it's okay. >> greg: what is fracking? >> andrea: fracking fluid. >> bob: that is not fracking fluid. it's vodka. >> andrea: i wish. >> dana: it's viscuous. bob? >> bob: my friend denny from west virginia, fracking man. i said that and he said it's coming and it would be smart. >> a
. >> eric: let me show what a fiscal cliff really looks like. bush tax cut expire, $150 billion. payroll expire , $125 billion. tax patch, $88 billion. billion. $145 billion in other taxes. $514 billion of new taxes will hit you american families. by the way, every single year going forward. >> dana: what do you get for it? >> bob: $17 trillion in debt, right? who is next? >> andrea: so a lot of environmental tree-hugging freaks gripe about hydrofracking. we talk about...
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Dec 13, 2012
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fiscal cliff? can't we call it something else? >> dana: sure. >> eric: monetary -- >> greg: liberal fantasy. >> bob: one more thing on the table. can obama sell cuts in entitlements to his senate? >> dana: not acarding to harry reid. >> eric: leave it there. we'll stay on it. don't go away. more on developing news washington, including ambassador susan rice. we'll get on that when we come back. ♪ ♪ ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, children laughing ] move to the country, d live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. often comes with a set of equally impressive instructions ? shouldn't something that's
fiscal cliff? can't we call it something else? >> dana: sure. >> eric: monetary -- >> greg: liberal fantasy. >> bob: one more thing on the table. can obama sell cuts in entitlements to his senate? >> dana: not acarding to harry reid. >> eric: leave it there. we'll stay on it. don't go away. more on developing news washington, including ambassador susan rice. we'll get on that when we come back. ♪ ♪ ♪ [ male announcer ] this is karen and jeremiah. they...
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Dec 31, 2012
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the spending cuts and tax hikes are expected to take effect. >> the night before the fiscal cliff. the senate gave up until tomorrow. >> there is still time to reach an agreement. >> they dropped the demand to cut social security. >> i am optimistic we can live move legislation and get this averted before tomorrow. >> the taxes will go up on most americans. huge cuts kick in. >> i think it is obvious president obama wants us to go over the fiscal cliff. >> president obama blamed republicans. >> they say the biggest priority is making sure they deal with the deficit in a significant way. they are behaving in a way that they're only priority is that the tax breaks for the wealthiest americans are protected. blacks mitch mcconnell is vowing to find out. -- >> mitch mcconnell is vowing to find out. >> can the senate veteran help congress tumble to a deal on the last day? >> if we do go off the fiscal cliff, congress would be more likely to make a deal. members could claim they are cutting taxes. >> thank you. if america does fall off the fiscal cliff on the first of the year, maryland
the spending cuts and tax hikes are expected to take effect. >> the night before the fiscal cliff. the senate gave up until tomorrow. >> there is still time to reach an agreement. >> they dropped the demand to cut social security. >> i am optimistic we can live move legislation and get this averted before tomorrow. >> the taxes will go up on most americans. huge cuts kick in. >> i think it is obvious president obama wants us to go over the fiscal cliff....
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Dec 1, 2012
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go to oralb.com for the latest offers. >>> the fiscal cliff means a lot of things are on the cutting block right now. one involves the most dependable of cuts are mortgages. >> you basically have 270 degrees of pure ocean. >> amazing views, luxury bathrooms and a gourmet kitchen. the owner of this $8 million penthouse in coconut grove, florida is eager to sell it before the end of the year. capital gains taxes will go up for homeowners with a lot of equity in their homes selling now could make a big difference. >> if you're looking at a $10 million sale price and 5 mill$5 million equity in the home, the capital gains is $5 million. in theory, there's a half a million dollar savings for seller and buyer to get the deal done. >> some possible outcomes of the fiscal clif negotiations could have a major impact on you. congress could limit the amount of home mortgage interest homeowners could write off on their taxes. one proposal would cap the deduction at $500,000, half of what it now is. lawmakers also may limit tax breaks for second homes. distressed homeowners also could see major ch
go to oralb.com for the latest offers. >>> the fiscal cliff means a lot of things are on the cutting block right now. one involves the most dependable of cuts are mortgages. >> you basically have 270 degrees of pure ocean. >> amazing views, luxury bathrooms and a gourmet kitchen. the owner of this $8 million penthouse in coconut grove, florida is eager to sell it before the end of the year. capital gains taxes will go up for homeowners with a lot of equity in their homes...
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Nov 28, 2012
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. >> fiscal cliff. fiscal cliff. you think that's funny? fiscal cliff. debt ceiling. tax cuts. fiscal cliffs. >> that's 5-month-old mace john jackson and tax hikes and now the president and dan lothian from the white house, how is the president handling this? he's probably not doing as much laughing. >> reporter: what you saw today is the president bringing in americans. he says they will be impacted if the middle class tax cuts are not extending. they sent a message out there to republicans saying that they need to come on board and support this effort. republicans pushing back thinking that they don't think the upper income americans should see their taxes go up. what the president said to those who were here and those watching, put pressure on their lawmakers to support pushing out the bush era tax cuts for just middle class americans, not just through this effort but to text, to call, to send a fax, even twitter and the white house coming up with y2k referring to the amount of average middle class families would see their taxes go up by the white house says, $2200. so the p
. >> fiscal cliff. fiscal cliff. you think that's funny? fiscal cliff. debt ceiling. tax cuts. fiscal cliffs. >> that's 5-month-old mace john jackson and tax hikes and now the president and dan lothian from the white house, how is the president handling this? he's probably not doing as much laughing. >> reporter: what you saw today is the president bringing in americans. he says they will be impacted if the middle class tax cuts are not extending. they sent a message out there...
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Nov 27, 2012
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to offer in the fiscal cliff negotiations. he said, "we need to get credit for cuts previously made." this is today. the cut previously made. i'm scratching my head to figure out what cuts the democrats made prior that they want credit for. if they did make credit cuts why did we run up four more years in a row? start fresh right now. talk about cuts and then talk about how are we going to raise revenues. >> eric: what would -- >> dana: what would harry reid mean by that? get credit on cuts they made. on what? >> bob: that is a $60,000 question. i'm not sure what he is talking about. but i know there will be cuts if entitlement program. readjust in the the entitlement program. there will be a tax increase on the wealthier americans of some size. i cannot believe that obama is going to travel around the country to make us think about this. if he doesn't think he will get them to go along with some marginal increase rates. >> dana: good point. let's get your take on that. president off campaign trail and major victory in the 201
to offer in the fiscal cliff negotiations. he said, "we need to get credit for cuts previously made." this is today. the cut previously made. i'm scratching my head to figure out what cuts the democrats made prior that they want credit for. if they did make credit cuts why did we run up four more years in a row? start fresh right now. talk about cuts and then talk about how are we going to raise revenues. >> eric: what would -- >> dana: what would harry reid mean by that?...
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the big story here today is washington really at a boiling point over the fiscal cliff? tonight on "special report," seemingly everyone had something to say about the ongoing negotiation after last week's shooting. they are ready for compromise. the house speaker says they need to see more movement on spending cuts and they will pass a plan "b" tomorrow. we'll sift through all of it for you, 13 days before the deadline. the long-awaited report on the benghazi libya attack has been released and it blames the state department for the security failures. there is reaction from washington. not from administration officials on camera. in the wake of the new town shooting, president obama promises bold move and swift action on gun violence and he's grilled on why it took so long. part three on the series on the cost of spending looks at what a cut means here in washington. "special report" starts at 6:00 eastern. now back to new york and "the five." ♪ ♪ >> greg: they know i hate these songs. they are hoping i leave. some parents in montana want to ban christmas songs saying
the big story here today is washington really at a boiling point over the fiscal cliff? tonight on "special report," seemingly everyone had something to say about the ongoing negotiation after last week's shooting. they are ready for compromise. the house speaker says they need to see more movement on spending cuts and they will pass a plan "b" tomorrow. we'll sift through all of it for you, 13 days before the deadline. the long-awaited report on the benghazi libya attack...
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>> eric: yes, the dreaded fiscal cliff. tax hike, spending cut and sequestion ration, whatever they are. belly flop the economy at once. comfortabling the know that d.c. is on top of it all. alex simpson, former senator and the guy that everyone thinks is a lifeguard at the fiscal pool. ♪ ♪ >> eric: okay, beckel is gangnam style. good to know we're in good hands but get serious, folks. >> any word from karl rove? >> despite what we're telling you, it's over. romney lost. >> i guess it's time i explain, the good people, the upcoming fiscal cliff. >> the economy is the car and rich sman a driver. don't give the driver many. they will drive you over a cliff. just common sense. >> eric: not exactly. the only way to save the republic is for us to let the president go off the fiscal cliff. taxes will go up. but mandatory spending cuts get enacted. that seems to be the only way dems will cut a dime. let's save the place for the kids. do you agree? >> greg: i do. >> bob: i think you're crazy. >> greg: funny that bob and i agree
>> eric: yes, the dreaded fiscal cliff. tax hike, spending cut and sequestion ration, whatever they are. belly flop the economy at once. comfortabling the know that d.c. is on top of it all. alex simpson, former senator and the guy that everyone thinks is a lifeguard at the fiscal pool. ♪ ♪ >> eric: okay, beckel is gangnam style. good to know we're in good hands but get serious, folks. >> any word from karl rove? >> despite what we're telling you, it's over. romney...
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, known as the fiscal cliff. and later, the president gathers input from the naacp, the aarp, as well as other advocacy groups, as well. >>> it's time for the weather from across this country. wet along the california coast for most of the day. rain expected to spread up the coast to seattle and portland later in the day. and at night, the mid-atlantic region will see a few showers. scattered snow across the desert southwest. >> it is warmer than usual in colorado springs. 50s in chicago and indianapolis. fargo is the cold spot today at 37. honolulu, doesn't that sound nice? will enjoy a high of 83. >> life is tough in hawaii. >>> when we come back, how low can they go? new mortgage rates like we've never seen before. >>> and the future of twinkies, hanging in the balance today. will it all end with some sweet sorrow? >>> and twihards hit the midnight showings of the final "twilight" movie. and the first fan reviews are just coming in. >>> welcome back, everybody. there is a huge settlement this morning, stemming
, known as the fiscal cliff. and later, the president gathers input from the naacp, the aarp, as well as other advocacy groups, as well. >>> it's time for the weather from across this country. wet along the california coast for most of the day. rain expected to spread up the coast to seattle and portland later in the day. and at night, the mid-atlantic region will see a few showers. scattered snow across the desert southwest. >> it is warmer than usual in colorado springs. 50s in...
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what we're doing here, we are not going to offset the fiscal cliff, just doing the bush tax cuts. we'll only take away about 11%, 12% of total economic impact of the so-called fiscal cliff, all of the policies brought together because you'll be letting the payroll tax expire, the refundable tax cuts expire, and the sequester will be doing and we won't be doing much deficit reduction. we'll be increasing the deficit. it is just, i think, hard to step back and take in the totality of congressional failure around this issue. >> well, let's talk about what exactly is likely to happen or is the threat of what will happen. talk about the pentagon. talk about federal workers. talk about obviously the unemploy unemployed whose benefits are going away. >> absolutely. the biggest -- the most dangerous thing, the fiscal cliff is the unemployment insurance. if we go over for a month we can sort of trick everything else. we can -- the irs can do some tricks to make it so you don't feel tax increases quickly. we can do tricks to make it so we don't lay off people at pentagon, we can furlough th
what we're doing here, we are not going to offset the fiscal cliff, just doing the bush tax cuts. we'll only take away about 11%, 12% of total economic impact of the so-called fiscal cliff, all of the policies brought together because you'll be letting the payroll tax expire, the refundable tax cuts expire, and the sequester will be doing and we won't be doing much deficit reduction. we'll be increasing the deficit. it is just, i think, hard to step back and take in the totality of...
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Dec 23, 2012
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that is why they call it the fiscal cliff. president obama wants to let the taxes go up on the so called rich generating $80 billion in refs. revenue. 8 days of federal spending. less than 1% of the $16 trillion debt. >> do you know how much debt america is in right now 12346789. >> $14 billion or something like that. >> do you know what the national debt is right now? >> no idea. >> i'm going to say 30 something trillion. >> 16 trillion. you just doubled it. >> the fiscal cliff is definitely around the corner. and here to try to break it down so everyone understands it is fox news contributor steven crowder who joins us from dallas, texas. hello, steven. >> hello judge or as we say in french "judge jeanine." i don't know if that is french. >> judge jeanine: i don't know either. >> actually no, i am french canadian. >> judge jeanine: can you you tell us what this fiscal cliff is? >> well, listen, i don't know about the package you just ran. i did go out and interview people on the street for the fiscal cliff. i apparently had
that is why they call it the fiscal cliff. president obama wants to let the taxes go up on the so called rich generating $80 billion in refs. revenue. 8 days of federal spending. less than 1% of the $16 trillion debt. >> do you know how much debt america is in right now 12346789. >> $14 billion or something like that. >> do you know what the national debt is right now? >> no idea. >> i'm going to say 30 something trillion. >> 16 trillion. you just doubled it....
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trying to avoid the uppominn - fiscal cliff. he then addressed questions onnthe grooinn sex scandal surrounning the formerrcia director and the atttck on the u-s missson in benghazi." no evidence national security scandal involving the now &p"former" ia irector davvd petraeus and the top uus. comannder in afghanistan.obama saas: "i am withholding judgment withhrespect to how the entire process surrounding top lawmakers re angry they the fbi invvstgation that led to the petraeus resignation. on congressiooal questions about adminstration tatements the deadly attack on the u-s consulate in benghhzi was a spontaneous demonstration and not a terrorist attack the president aggresively defended u-n ambassador susan rice. obama says: "if senator mccain and senator graham, and somebody, they should go aater me. 14:04:07 to besmirch er reputation go after me. 14:00:07 to somebody, they should others want to go after senator graaam, and senaaor mccain and obama says: "if enatoo mccain and senator grahhm, and others want to go after somebo
trying to avoid the uppominn - fiscal cliff. he then addressed questions onnthe grooinn sex scandal surrounning the formerrcia director and the atttck on the u-s missson in benghazi." no evidence national security scandal involving the now &p"former" ia irector davvd petraeus and the top uus. comannder in afghanistan.obama saas: "i am withholding judgment withhrespect to how the entire process surrounding top lawmakers re angry they the fbi invvstgation that led to the...